The CCC risk rating is impacted by the Sovereign Probability of Default (ability and willingness to honour financial obligations), political risks, and other mitigating or worsening factors.
Business environment in Belgium
Belgium is a wealthy OECD country with a strong commercial relationship with Canada. As a modern economy, trade is of high importance to Belgium’s market and the potential for Canadian companies is strong. EDC sees solid business and investment potential across a range of sectors in the market.